Evaluation Form Rev. 07-2022
FISCAL IMPACT STATEMENT
PROGRAM: Merced Street Reconnection
209900233 PW00902 Invitation No. 12501885
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $1,216,898.25
Indirect Cost $ 630,069.75
TOTAL COST $1,846,968.00
Additional
Revenue or Savings
Generated
Net City Cost $1,846,968.00
Amount Budgeted
(If none budgeted,
identify source) $1,916,800.00
SUMMARY OF INDIRECT COSTS:
Preliminary Engineering $290,180.00
Right of Way $ 4,800.00
Construction Engineering $213,400.00
Contingency $121,689.75
Total $630,069.75
The Merced Street Reconnection project is funded by Measure C Transit Oriented Development Grant (TOD). The required local match is funded by Measure C Flexible Funds .